A plunge in the business performance puts the organizations at Transformation Stage. Transformation strategy must incorporate organizational, operational and technological transformation, which ever found as imperative, to bring in the business transformation. The major reasons for the downturn are analyzed to determine the level of transformation and the key initiatives are to be decided along with strategy formulation. The way-ahead is to be thought with the future in mind rather than with the past mind-set.
GroupSynergy will help companies in analyzing the problem and determining the level of transformation needed in order to achieve the targeted Business Performance, defined across key perspectives. In some interesting cases we found that the business performance can be transformed with simple organizational transformation such as detoxifying the organization, as we call.
The triggers for the Organizational Transformation could be a shift in the strategy or major disruptions in the internal, external or market scenarios. GS will chalk out a robust Transformational road map. This involves identifying the key areas to transform, which are critical to the success of the strategy and the desired level of transformation.
The transformation can happen at 3 major levels, external environment level (Eco-system level); Business strategy level; and Operating strategy level. GroupSynergy will mentor the teams in defining the desired transformation, strategic initiatives to be taken for the transformation, various measures and goals for the key areas identified. This will help in aligning the organization for the Strategic planning and management, effectively. Organizational transformation through strategic initiatives should be communicated across the levels to bring in a cohesive effort by people with a focus on delivering value.
Involving people across levels in strategic initiatives and communicating the relevance of those initiatives will help in creating the strategic mind set in people which is vital for effective and informed decision making. GS will develop and mentor teams to excel in strategic initiatives, by infusing collaboration and communication among teams, and also creating CFT (Cross Functional Teams). CFT/team level interactions are very vital for the success of the strategy, which is neglected by the Leadership,in many organizations.Organizations/consultants focus more on the tools and models to achieve success in strategic planning and execution and very less on empowering teams to bring in success. Empowering the teams ensures that the success is sustained and the expertise is retained in the organization.